SAC Capital Advisors

HARTFORD — Several Wall Street billionaires who have invested heavily in the expansion of charter schools contributed more than $200,000 to Democrats in the 2013-14 election cycle, helping Gov. Dannel P. Malloy secure re-election. The campaign contributors earned their fortunes as hedge fund managers and private equity investors before earning reputations as "education philanthropists." They have helped bankroll charter school movements throughout the country, spending to influence elections and to support advocacy movements. Malloy opened this year's legislative session with a budget proposal that included $4.6 million in funding to open two new privatelymanaged...

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